5 Best Manufacturing Stocks To Buy Now

4. Simpson Manufacturing Co., Inc. (NYSE: SSD)

No. of Hedge Fund Holders: 25

California-based Simpson Manufacturing makes building material like structural connectors, anchors and related retrofitting products. The stock has gained about 22% in value over the last 12 months. In the fourth quarter, the company posted a GAAP EPS of $0.68, beating the Wall Street by $0.03. Revenue in the period jumped 12% to reach $293.9 million. In 2021, the company expects its operating margin to come in between 16.5% to 18.5%.

With a $129.4 million stake in Simpson Manufacturing Co., John Rogers’ Ariel Investments currently owns 624,907 shares of the company as of the end of the fourth quarter of 2020.